﻿128:@0.077098:0.967780:0.102694:0.967780:0.102694:0.951792:0.077098:0.951792:0.000000:0.000000:0.000000
EG.5.5.11. Aplicar metodologías para elaborar una proyección de ingresos (incluyendo incrementos paulatinos y ciclicidad), considerando las unidades vendidas y los :@0.107481:0.052359:0.895347:0.052359:0.895347:0.040882:0.107481:0.040882:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
precios de venta, para establecer el monto de ingresos del nuevo emprendimiento.:@0.107481:0.063675:0.494111:0.063675:0.494111:0.052198:0.107481:0.052198:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
¿Qué flujo de fondos requiere tu :@0.108109:0.139063:0.312167:0.139063:0.312167:0.124717:0.108109:0.124717:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
hogar en un año?:@0.108109:0.154150:0.215256:0.154150:0.215256:0.139804:0.108109:0.139804:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Saberes previos:@0.098124:0.119633:0.202257:0.119633:0.202257:0.097304:0.098124:0.097304:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
¿En qué momento el flujo de :@0.108109:0.252648:0.290257:0.252648:0.290257:0.238303:0.108109:0.238303:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
fondos proyectado anual te :@0.108109:0.267736:0.282869:0.267736:0.282869:0.253390:0.108109:0.253390:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
indica que el emprendimiento va :@0.108109:0.282824:0.315938:0.282824:0.315938:0.268478:0.108109:0.268478:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
por buen camino?:@0.108109:0.297911:0.220902:0.297911:0.220902:0.283565:0.108109:0.283565:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Desequilibrio cognitivo:@0.098124:0.233219:0.254977:0.233219:0.254977:0.210890:0.098124:0.210890:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
inflación. :@0.108109:0.387974:0.170210:0.387974:0.170210:0.373440:0.108109:0.373440:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Situación económica :@0.170210:0.387786:0.303709:0.387786:0.303709:0.373440:0.170210:0.373440:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
que se caracteriza por el aumento :@0.108109:0.402873:0.320727:0.402873:0.320727:0.388527:0.108109:0.388527:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
sostenido de precios que, por lo :@0.108109:0.417961:0.309017:0.417961:0.309017:0.403615:0.108109:0.403615:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
general, se mide anualmente.:@0.108109:0.433048:0.286621:0.433048:0.286621:0.418703:0.108109:0.418703:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Glosario:@0.098124:0.368357:0.152954:0.368357:0.152954:0.346027:0.098124:0.346027:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Flujo de fondos proyectado anual:@0.376546:0.142071:0.868423:0.142071:0.868423:0.088480:0.376546:0.088480:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
El flujo de fondos proyectado mensual debe complementarse con un :@0.376546:0.172670:0.907566:0.172670:0.907566:0.156890:0.376546:0.156890:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
flujo de fondos proyectado anual para los primeros cinco años, que re-:@0.376546:0.189267:0.903706:0.189267:0.903706:0.173486:0.376546:0.173486:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
fleje el movimiento de efectivo por cada año. Este flujo de fondos debe :@0.376546:0.205863:0.907649:0.205863:0.907649:0.190083:0.376546:0.190083:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
considerar algunos aspectos::@0.376546:0.222459:0.584813:0.222459:0.584813:0.206679:0.376546:0.206679:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
• :@0.394592:0.257397:0.404211:0.257397:0.404211:0.241617:0.394592:0.241617:0.000000:0.000000
Año 0, que detalle los ingresos por aportes o préstamos recibidos :@0.423081:0.257397:0.899797:0.257397:0.899797:0.241617:0.423081:0.241617:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
y los egresos por las inversiones de activos fijos y gastos preope-:@0.423081:0.273994:0.895763:0.273994:0.895763:0.258213:0.423081:0.258213:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
racionales que se requieren realizar inicialmente.:@0.423081:0.290590:0.774900:0.290590:0.774900:0.274810:0.423081:0.274810:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
•    Año 1 al 5 es un resumen de los flujos de fondos mensuales que :@0.394592:0.314309:0.899780:0.314309:0.899780:0.298529:0.394592:0.298529:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
se mencionaron en la página 125. Para los ingresos y gastos se :@0.423081:0.330905:0.899839:0.330905:0.899839:0.315125:0.423081:0.315125:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
puede incluir un incremento por :@0.423081:0.347502:0.674397:0.347502:0.674397:0.331721:0.423081:0.331721:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
inflación:@0.676701:0.347709:0.742504:0.347709:0.742504:0.331721:0.676701:0.331721:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
 que afectará a cada :@0.743058:0.347502:0.899765:0.347502:0.899765:0.331721:0.743058:0.331721:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
año. Es importante mencionar que los pagos de impuestos se de-:@0.423081:0.364098:0.895818:0.364098:0.895818:0.348318:0.423081:0.348318:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
ben realizar en abril, considerando la provisión que se realizó a :@0.423081:0.380694:0.899841:0.380694:0.899841:0.364914:0.423081:0.364914:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
finales del año inmediato anterior. Además, se deben incluir los :@0.423081:0.397291:0.899785:0.397291:0.899785:0.381510:0.423081:0.381510:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
pagos del crédito recibido al inicio.:@0.423081:0.413887:0.677345:0.413887:0.677345:0.398107:0.423081:0.398107:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
El flujo de fondos anual por los cinco años del emprendimiento de fabricación :@0.376546:0.451873:0.907625:0.451873:0.907625:0.436092:0.376546:0.436092:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
de pupitres se reflejaría de la siguiente manera::@0.376546:0.468469:0.690807:0.468469:0.690807:0.452689:0.376546:0.452689:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Año 0:@0.535727:0.513281:0.575414:0.513281:0.575414:0.498545:0.535727:0.498545:0.000000:0.000000:0.000000:0.000000:0.000000
Año 1:@0.599018:0.513281:0.638704:0.513281:0.638704:0.498545:0.599018:0.498545:0.000000:0.000000:0.000000:0.000000:0.000000
Año 2:@0.662309:0.513281:0.701995:0.513281:0.701995:0.498545:0.662309:0.498545:0.000000:0.000000:0.000000:0.000000:0.000000
Año 3:@0.725599:0.513281:0.765286:0.513281:0.765286:0.498545:0.725599:0.498545:0.000000:0.000000:0.000000:0.000000:0.000000
Año 4:@0.788890:0.513281:0.828576:0.513281:0.828576:0.498545:0.788890:0.498545:0.000000:0.000000:0.000000:0.000000:0.000000
Año 5:@0.852180:0.513281:0.891867:0.513281:0.891867:0.498545:0.852180:0.498545:0.000000:0.000000:0.000000:0.000000:0.000000
Movimientos operacionales:@0.545879:0.538163:0.734309:0.538163:0.734309:0.523326:0.545879:0.523326:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Ingresos:@0.383207:0.561128:0.428453:0.561128:0.428453:0.548217:0.383207:0.548217:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
101 250:@0.600725:0.561128:0.643861:0.561128:0.643861:0.548217:0.600725:0.548217:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
162 000:@0.664019:0.561128:0.707155:0.561128:0.707155:0.548217:0.664019:0.548217:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
162 000:@0.727313:0.561128:0.770449:0.561128:0.770449:0.548217:0.727313:0.548217:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
162 000:@0.790607:0.561128:0.833743:0.561128:0.833743:0.548217:0.790607:0.548217:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
162 000:@0.853901:0.561128:0.897036:0.561128:0.897036:0.548217:0.853901:0.548217:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Costos de ventas:@0.383222:0.584925:0.477602:0.584925:0.477602:0.572014:0.383222:0.572014:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–60 000:@0.599172:0.584925:0.643876:0.584925:0.643876:0.572014:0.599172:0.572014:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–92 400:@0.662466:0.584925:0.707170:0.584925:0.707170:0.572014:0.662466:0.572014:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–92 400:@0.725760:0.584925:0.770464:0.584925:0.770464:0.572014:0.725760:0.572014:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–92 400:@0.789054:0.584925:0.833758:0.584925:0.833758:0.572014:0.789054:0.572014:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–92 400:@0.852348:0.584925:0.897051:0.584925:0.897051:0.572014:0.852348:0.572014:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Gastos:@0.383237:0.608722:0.421156:0.608722:0.421156:0.595811:0.383237:0.595811:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–14 348:@0.599187:0.608722:0.643891:0.608722:0.643891:0.595811:0.599187:0.595811:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–14 394:@0.662481:0.608722:0.707185:0.608722:0.707185:0.595811:0.662481:0.595811:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–15 414:@0.725775:0.608722:0.770479:0.608722:0.770479:0.595811:0.725775:0.595811:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–16 485:@0.789069:0.608722:0.833773:0.608722:0.833773:0.595811:0.789069:0.595811:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–17 609:@0.852363:0.608722:0.897067:0.608722:0.897067:0.595811:0.852363:0.595811:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Pago de impuestos:@0.383252:0.632519:0.488610:0.632519:0.488610:0.619608:0.383252:0.619608:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
0:@0.637257:0.632519:0.643906:0.632519:0.643906:0.619608:0.637257:0.619608:0.000000
–7 044:@0.669145:0.632519:0.707200:0.632519:0.707200:0.619608:0.669145:0.619608:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–16 582:@0.725790:0.632519:0.770494:0.632519:0.770494:0.619608:0.725790:0.619608:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–16 239:@0.789084:0.632519:0.833788:0.632519:0.833788:0.619608:0.789084:0.619608:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–15 878:@0.852378:0.632519:0.897082:0.632519:0.897082:0.619608:0.852378:0.619608:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Total flujo :@0.383267:0.656678:0.447811:0.656678:0.447811:0.643416:0.383267:0.643416:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
operacional:@0.383267:0.670257:0.454581:0.670257:0.454581:0.656995:0.383267:0.656995:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
26 902:@0.607434:0.663106:0.643921:0.663106:0.643921:0.650194:0.607434:0.650194:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
48 162:@0.670728:0.663106:0.707215:0.663106:0.707215:0.650194:0.670728:0.650194:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
37 604:@0.734022:0.663106:0.770509:0.663106:0.770509:0.650194:0.734022:0.650194:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
36 877:@0.797316:0.663106:0.833803:0.663106:0.833803:0.650194:0.797316:0.650194:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
36 113:@0.860610:0.663106:0.897097:0.663106:0.897097:0.650194:0.860610:0.650194:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Flujo de inversión:@0.579664:0.695486:0.700512:0.695486:0.700512:0.680650:0.579664:0.680650:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Compras de activos :@0.383207:0.718458:0.496721:0.718458:0.496721:0.705547:0.383207:0.705547:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
fijos:@0.383207:0.732037:0.405657:0.732037:0.405657:0.719126:0.383207:0.719126:0.000000:0.000000:0.000000:0.000000:0.000000
–38 300:@0.535863:0.725248:0.580567:0.725248:0.580567:0.712336:0.535863:0.712336:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
0:@0.637212:0.725248:0.643861:0.725248:0.643861:0.712336:0.637212:0.712336:0.000000
0:@0.700506:0.725248:0.707155:0.725248:0.707155:0.712336:0.700506:0.712336:0.000000
0:@0.763800:0.725248:0.770449:0.725248:0.770449:0.712336:0.763800:0.712336:0.000000
0:@0.827093:0.725248:0.833743:0.725248:0.833743:0.712336:0.827093:0.712336:0.000000
0:@0.890387:0.725248:0.897036:0.725248:0.897036:0.712336:0.890387:0.712336:0.000000
Total flujo de :@0.383222:0.756196:0.465677:0.756196:0.465677:0.742934:0.383222:0.742934:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
inversión:@0.383222:0.769775:0.438646:0.769775:0.438646:0.756513:0.383222:0.756513:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–38 300:@0.535878:0.762623:0.580582:0.762623:0.580582:0.749712:0.535878:0.749712:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
0:@0.637227:0.762623:0.643876:0.762623:0.643876:0.749712:0.637227:0.749712:0.000000
0:@0.700521:0.762623:0.707170:0.762623:0.707170:0.749712:0.700521:0.749712:0.000000
0:@0.763815:0.762623:0.770464:0.762623:0.770464:0.749712:0.763815:0.749712:0.000000
0:@0.827109:0.762623:0.833758:0.762623:0.833758:0.749712:0.827109:0.749712:0.000000
0:@0.890402:0.762623:0.897051:0.762623:0.897051:0.749712:0.890402:0.749712:0.000000
Flujo de financiamiento:@0.559343:0.795010:0.720833:0.795010:0.720833:0.780174:0.559343:0.780174:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Aportes de socios:@0.383207:0.817981:0.482956:0.817981:0.482956:0.805070:0.383207:0.805070:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
28 300:@0.544080:0.817981:0.580567:0.817981:0.580567:0.805070:0.544080:0.805070:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
0:@0.637212:0.817981:0.643861:0.817981:0.643861:0.805070:0.637212:0.805070:0.000000
0:@0.700506:0.817981:0.707155:0.817981:0.707155:0.805070:0.700506:0.805070:0.000000
0:@0.763800:0.817981:0.770449:0.817981:0.770449:0.805070:0.763800:0.805070:0.000000
0:@0.827093:0.817981:0.833743:0.817981:0.833743:0.805070:0.827093:0.805070:0.000000
0:@0.890387:0.817981:0.897036:0.817981:0.897036:0.805070:0.890387:0.805070:0.000000
Préstamos recibidos:@0.383222:0.841778:0.494309:0.841778:0.494309:0.828867:0.383222:0.828867:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
10 000:@0.544095:0.841778:0.580582:0.841778:0.580582:0.828867:0.544095:0.828867:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
0:@0.637227:0.841778:0.643876:0.841778:0.643876:0.828867:0.637227:0.828867:0.000000
0:@0.700521:0.841778:0.707170:0.841778:0.707170:0.828867:0.700521:0.828867:0.000000
0:@0.763815:0.841778:0.770464:0.841778:0.770464:0.828867:0.763815:0.828867:0.000000
0:@0.827109:0.841778:0.833758:0.841778:0.833758:0.828867:0.827109:0.828867:0.000000
0:@0.890402:0.841778:0.897051:0.841778:0.897051:0.828867:0.890402:0.828867:0.000000
Préstamos pagados:@0.383237:0.865575:0.490585:0.865575:0.490585:0.852664:0.383237:0.852664:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–3 984:@0.605836:0.865575:0.643891:0.865575:0.643891:0.852664:0.605836:0.852664:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–3 984:@0.669130:0.865575:0.707185:0.865575:0.707185:0.852664:0.669130:0.852664:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–3 984:@0.732424:0.865575:0.770479:0.865575:0.770479:0.852664:0.732424:0.852664:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
0:@0.827124:0.865575:0.833773:0.865575:0.833773:0.852664:0.827124:0.852664:0.000000
0:@0.890418:0.865575:0.897067:0.865575:0.897067:0.852664:0.890418:0.852664:0.000000
Total flujo de :@0.383252:0.889372:0.460204:0.889372:0.460204:0.876461:0.383252:0.876461:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
financiamiento:@0.383252:0.902951:0.466961:0.902951:0.466961:0.890040:0.383252:0.890040:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
38 300:@0.544125:0.896161:0.580612:0.896161:0.580612:0.883250:0.544125:0.883250:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–3 984:@0.605851:0.896161:0.643906:0.896161:0.643906:0.883250:0.605851:0.883250:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–3 984:@0.669145:0.896161:0.707200:0.896161:0.707200:0.883250:0.669145:0.883250:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–3 984:@0.732439:0.896161:0.770494:0.896161:0.770494:0.883250:0.732439:0.883250:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
0:@0.827139:0.896161:0.833788:0.896161:0.833788:0.883250:0.827139:0.883250:0.000000
0:@0.890433:0.896161:0.897082:0.896161:0.897082:0.883250:0.890433:0.883250:0.000000
Total de flujo de :@0.383267:0.927110:0.483634:0.927110:0.483634:0.913848:0.383267:0.913848:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
fondos:@0.383267:0.940689:0.424503:0.940689:0.424503:0.927427:0.383267:0.927427:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–:@0.572410:0.933537:0.580627:0.933537:0.580627:0.920626:0.572410:0.920626:0.000000
22 918:@0.607434:0.933537:0.643921:0.933537:0.643921:0.920626:0.607434:0.920626:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
44 178:@0.670728:0.933537:0.707215:0.933537:0.707215:0.920626:0.670728:0.920626:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
33 620:@0.734022:0.933537:0.770509:0.933537:0.770509:0.920626:0.734022:0.920626:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
36 877:@0.797316:0.933537:0.833803:0.933537:0.833803:0.920626:0.797316:0.920626:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
36 113:@0.860610:0.933537:0.897097:0.933537:0.897097:0.920626:0.860610:0.920626:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Archivo editorial:@0.839060:0.958768:0.903641:0.958768:0.903641:0.950047:0.839060:0.950047:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
 La inflación es un factor que debe considerarse :@0.103425:0.659894:0.334630:0.659894:0.334630:0.648418:0.103425:0.648418:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
en el cálculo anual del flujo de fondos proyectado, :@0.095813:0.671965:0.340701:0.671965:0.340701:0.660488:0.095813:0.660488:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
ya que supone la pérdida del valor del dinero y, por :@0.095813:0.684035:0.344011:0.684035:0.344011:0.672558:0.095813:0.672558:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
lo tanto, el aumento de los precios.:@0.095813:0.696105:0.263762:0.696105:0.263762:0.684628:0.095813:0.684628:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Shutterstock, (2018). 359351840:@0.360422:0.641636:0.360422:0.548319:0.348802:0.548319:0.348802:0.641636:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Observa:@0.108109:0.780942:0.161933:0.780942:0.161933:0.766408:0.108109:0.766408:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
 este video::@0.161935:0.780754:0.230350:0.780754:0.230350:0.766408:0.161935:0.766408:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
lynk.ec/13e15:@0.108109:0.799714:0.194987:0.799714:0.194987:0.785129:0.108109:0.785129:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Determina:@0.108109:0.925899:0.177094:0.925899:0.177094:0.911364:0.108109:0.911364:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
 otras formas de elaborar :@0.177096:0.925710:0.334583:0.925710:0.334583:0.911364:0.177096:0.911364:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
un flujo de caja.:@0.108109:0.940798:0.205707:0.940798:0.205707:0.926452:0.108109:0.926452:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Competencia digital:@0.098124:0.761325:0.234899:0.761325:0.234899:0.738995:0.098124:0.738995:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000